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Bankruptcy Quotes
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The thing that’s really important to understand is, the last thing an empire traditionally does is drive itself into bankruptcy. You’ve seen that with the great empires. (Bankruptcy Quotes)
The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job. (Bankruptcy Quotes)
The fact is, out of all the possible reasons for going bankrupt, only three account for nearly 90 percent of bankruptcy: a job loss, a medical problem, or a divorce. And the fact is that those are exactly the kind of calamities that the bankruptcy courts were designed to help people through (Bankruptcy Quotes)
When we finally have this recall election in October, there could be as many as 200 people on the ballot. And you know what’s really scary? Most of them don’t know the first thing about driving a state into bankruptcy. They’re not experts like Governor Gray Davis (Bankruptcy Quotes)
Half of all people who go bankrupt cite a medical problem as one of the things that drove them into bankruptcy. (Bankruptcy Quotes)
Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of people who owe you money. (Bankruptcy Quotes)
Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven’t filed. (Bankruptcy Quotes)
If you’re filing bankruptcy, you will likely want to hire an attorney. But for debt settlement, a company is sufficient, or as I said, you can often do the legwork on your own. (Bankruptcy Quotes)
Today, certain people file for bankruptcy, businesses and individuals, and it no longer has the stigma it once had. Now it’s almost considered wise, a way to regroup and come back again. (Bankruptcy Quotes)
The women who file for bankruptcy played by all the rules, but they are still in economic freefall (Bankruptcy Quotes)
After watching Taro reach the brink of bankruptcy, seeing their shares delisted from trading, hearing endless false promises about receiving audited financial statements, and witnessing an unchecked drain of company resources, the shareholders have clearly had enough. (Bankruptcy Quotes)
The story of Detroit’s bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat. (Bankruptcy Quotes)
Bankruptcy exposes the economic vulnerability and insecurity of middle class women (Bankruptcy Quotes)
In 1978, we adopted a new Bankruptcy Code in the United States, and a principal part of this was designed to adjust to the new corporation, to find ways to let a corporation that had gotten into financial trouble reorganize itself. A big part of the selling point on this bankruptcy law was, ‘It will preserve jobs.’ (Bankruptcy Quotes)
When people are collecting gold they aren’t doing business. ... Gold is constipation: even bankruptcy is more fluid. Gold isn’t wealth: positions in markets are wealth. (Bankruptcy Quotes)
The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse. (Bankruptcy Quotes)
Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans. (Bankruptcy Quotes)
By the time most people file for bankruptcy, their credit is already trashed, they have a high debt-to-income ratio - a key indicator lenders look at - and they’ve likely defaulted on more than a few accounts. (Bankruptcy Quotes)
High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one’s life. (Bankruptcy Quotes)
Today it is evident that we have two political parties: the Tax and Spenders and the No-Tax and Spenders. Neither party is fiscally conservative. Is there no room at the inn for an honest conservative? A conservative who makes the case for smaller government on its merits and not just as the fallback option when fiscal bankruptcy threatens? (Bankruptcy Quotes)
Most unfortunately, Enron’s plunge into bankruptcy court also cost many of its rank-and-file employees their savings. (Bankruptcy Quotes)
A great love is a credit opened in favor of a power so consuming that the moment of bankruptcy must inevitably occur (Bankruptcy Quotes)
It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy. (Bankruptcy Quotes)
In the 1970s, New York City avoided bankruptcy because wise political leaders like Gov. Hugh L. Carey believed both in strong labor unions and robust banks and companies. (Bankruptcy Quotes)
Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico. (Bankruptcy Quotes)
Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case. (Bankruptcy Quotes)
However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions (Bankruptcy Quotes)
I can’t think of another enterprise other than being a homeowner that can’t have its debt restructured in bankruptcy. Corporations can but a homeowner can’t? Now with securitization the homeowner can’t go to the owner of the loan and work things out (Bankruptcy Quotes)
Countries don’t go out of business... The infrastructure doesn’t go away, the productivity of the people doesn’t go away, the natural resources don’t go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that’s very different from a company (Bankruptcy Quotes)
All economic activity is dependent upon that environment and its underlying resource base of forests, water, air, soil, and minerals. When the environment is finally forced to file for bankruptcy because its resource base has been polluted, degraded, dissipated, and irretrievably compromised, the economy goes into bankruptcy with it (Bankruptcy Quotes)